Rich Dad Poor Dad for Teens: The Secrets About Money--That You Don't Learn in School!
by Robert T. Kiyosaki with Sharon L. Lechter
Publisher: Little, Brown
Published: August 1, 2004

This book is an excellent introduction to the how and why of finance. Author Robert T. Kiyosaki has written this short book in clear concise language that cannot be misunderstood by the teen in your family.

At the outset, Kiyosaki puts the young reader at ease by talking about the myth of IQ and intelligence. He immediately erases any thoughts of "I am not smart enough to understand this book". Once again, as in his previous books, Kiyosaki emphasizes how the rich think differently from those who are in the middle and poor class. Rich Dad Poor Dad For Teens is an easy to read think positive about finances book for young people. Included is a two-page glossary that proved to be very helpful to the young teen (age 15) who read this book after I did.

In this day and age of consumer greed and high end designer clothing for teens, there is a chapter that addresses Stretching the Dollar. Kiyosaki does not say be frugal, instead he advices the teen to think of ways to recycle old clothing, how to buy in bulk, etc. I was particularly impressed with a revealing exercise under the heading of The People Whom You Spend Your Time with Are Your Future. Now that can be scary--but what a powerful statement. I had earlier talks with my young friend concerning this very subject. Reading and discussing Rich Dad Poor Dad for Teens together gave us the opportunity to delve into this troubling issue again, this time with very positive results. He walked away feeling good about himself.

I recommend Rich Dad Poor Dad for Teens: The Secrets About Money--That You Don't Learn in School! This book can definitely help teens to accept and understand financial responsibility.